WORLD FUEL SVCS CORP

Ticker: WKC CUSIP: 981475106 Class: Common Stock

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

Note: Option positions (PUT/CALL) are excluded.

Q1 2020

Shares 12,130 Value ($000) $305 Avg Close $34.11 Range $20.49 - $43.98

Q4 2019

Shares 12,130 Value ($000) $527 Avg Close $41.84 Range $38.00 - $44.37

Q3 2019

Shares 11,990 Value ($000) $479 Avg Close $38.05 Range $35.19 - $42.14

Q2 2019

Shares 12,420 Value ($000) $447 Avg Close $31.37 Range $28.47 - $35.98

Q1 2019

Shares 12,170 Value ($000) $352 Avg Close $26.25 Range $20.71 - $30.96

Q4 2018

Shares 16,330 Value ($000) $350 Avg Close $26.34 Range $19.81 - $33.17

Q2 2018

Shares 15,870 Value ($000) $324 Avg Close $23.16 Range $19.82 - $28.01

Q1 2018

Shares 20,720 Value ($000) $509 Avg Close $25.71 Range $20.64 - $29.43

Q4 2017

Shares 20,720 Value ($000) $583 Avg Close $30.16 Range $25.80 - $36.64

Q3 2017

Shares 20,720 Value ($000) $703 Avg Close $35.66 Range $32.28 - $40.16

Q2 2017

Shares 26,410 Value ($000) $1,015 Avg Close $36.56 Range $34.64 - $38.67

Q1 2017

Shares 32,400 Value ($000) $1,175 Avg Close $40.65 Range $34.79 - $47.49

Q4 2016

Shares 32,400 Value ($000) $1,487 Avg Close $44.57 Range $38.79 - $47.30

Q3 2016

Shares 31,800 Value ($000) $1,471 Avg Close $46.11 Range $44.14 - $49.38

Q2 2016

Shares 31,350 Value ($000) $1,491 Avg Close $46.55 Range $42.95 - $51.01

Q1 2016

Shares 23,600 Value ($000) $1,148 Avg Close $42.90 Range $35.13 - $49.50

Q4 2015

Shares 22,970 Value ($000) $885 Avg Close $40.93 Range $35.25 - $47.80

Q3 2015

Shares 23,090 Value ($000) $828 Avg Close $41.62 Range $33.83 - $49.86

Q2 2015

Shares 22,720 Value ($000) $1,089 Avg Close $52.33 Range $47.89 - $58.28

Q1 2015

Shares 21,800 Value ($000) $1,254 Avg Close $51.93 Range $45.15 - $58.50

Q4 2014

Shares 23,480 Value ($000) $1,103 Avg Close $43.26 Range $35.01 - $48.74

Q3 2014

Shares 20,400 Value ($000) $815 Avg Close $44.73 Range $39.75 - $49.80

Q2 2014

Shares 20,000 Value ($000) $985 Avg Close $45.72 Range $42.48 - $49.31

Q1 2014

Shares 20,000 Value ($000) $882 Avg Close $44.22 Range $41.00 - $45.89

Q4 2013

Shares 19,900 Value ($000) $859 Avg Close $39.38 Range $36.37 - $43.39

Q3 2013

Shares 12,000 Value ($000) $448 Avg Close $38.51 Range $34.57 - $42.77

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	12,130	$305	$34.11	$20.49 - $43.98
Q4 2019	12,130	$527	$41.84	$38.00 - $44.37
Q3 2019	11,990	$479	$38.05	$35.19 - $42.14
Q2 2019	12,420	$447	$31.37	$28.47 - $35.98
Q1 2019	12,170	$352	$26.25	$20.71 - $30.96
Q4 2018	16,330	$350	$26.34	$19.81 - $33.17
Q2 2018	15,870	$324	$23.16	$19.82 - $28.01
Q1 2018	20,720	$509	$25.71	$20.64 - $29.43
Q4 2017	20,720	$583	$30.16	$25.80 - $36.64
Q3 2017	20,720	$703	$35.66	$32.28 - $40.16
Q2 2017	26,410	$1,015	$36.56	$34.64 - $38.67
Q1 2017	32,400	$1,175	$40.65	$34.79 - $47.49
Q4 2016	32,400	$1,487	$44.57	$38.79 - $47.30
Q3 2016	31,800	$1,471	$46.11	$44.14 - $49.38
Q2 2016	31,350	$1,491	$46.55	$42.95 - $51.01
Q1 2016	23,600	$1,148	$42.90	$35.13 - $49.50
Q4 2015	22,970	$885	$40.93	$35.25 - $47.80
Q3 2015	23,090	$828	$41.62	$33.83 - $49.86
Q2 2015	22,720	$1,089	$52.33	$47.89 - $58.28
Q1 2015	21,800	$1,254	$51.93	$45.15 - $58.50
Q4 2014	23,480	$1,103	$43.26	$35.01 - $48.74
Q3 2014	20,400	$815	$44.73	$39.75 - $49.80
Q2 2014	20,000	$985	$45.72	$42.48 - $49.31
Q1 2014	20,000	$882	$44.22	$41.00 - $45.89
Q4 2013	19,900	$859	$39.38	$36.37 - $43.39
Q3 2013	12,000	$448	$38.51	$34.57 - $42.77